BioMed Realty Trust (NYSE:BMR) investors will receive their next shareholder payout in mid-October. The medical sector real estate investment trust has declared a quarterly common stock dividend of $0.235 per share for its Q3. This is to be paid on October 15 to shareholders of record as of September 30. That amount matches each of the REIT's three previous distributions, the most recent of which was paid in July. Prior to that, BioMed Realty handed out $0.215 per share.
The company has been a solid and reliable dividend payer for nearly a decade. Since first dispensing a payout in October 2004, its distribution has ranged from $0.11 to $0.335.
The just-declared dividend annualizes to $0.94 per share. That yields just under 5% at BioMed Realty's most recent closing stock price of $18.95.
Fool contributor Eric Volkman has no position in BioMed Realty, and neither does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
More from The Motley Fool
Private Equity Makes a Big Splash, Buys Up Biotech Lab Space
Blackstone's real estate business is paying billions to acquire BioMed Realty Trust.
Why BioMed Realty Trust Inc is Moving Higher Today
Reports that the company is looking for a buyout caused its stock to spike.
3 Value Stocks Near 52-Week Lows Worth Buying
These three value stocks may have been clobbered in recent months, but they all may be poised for substantial rebounds.